Business News Archives | Page 134 Of 161

Bristol Myers Squibb says Alzheimer’s is the biggest market for new schizophrenia drug

The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty Images Bristol Myers Squibb believes Alzheimer’s is the largest market for its newly approved schizophrenia drug, Cobenfy, which it expects to eventually generate billions of Dollars in revenue. In […]

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Firefly Aerospace kicks off first moon mission after SpaceX launch

Business News

The company’s Blue Ghost moon lander before shipping out for launch. Firefly Aerospace Another American company, Texas-based rocket and spacecraft builder Firefly Aerospace, is moon-bound. Firefly’s “Blue Ghost” cargo lander launched from Florida early Wednesday morning on SpaceX’s Falcon 9 rocket to begin a 45-day trip. The space transportation company’s first moon mission comes as

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Goldman Sachs tops estimates on strong trading results

Business News

David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC Goldman Sachs on Wednesday posted fourth-quarter results that topped estimates on stronger-than-expected trading revenue. Here’s what the company reported: Earnings: $11.95 a share vs. $8.22

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JPMorgan Chase is set to report fourth-quarter earnings – here’s what the Street expects

Business News

CEO of Chase Jamie Dimon looks on as he attends the seventh “Choose France Summit”, aiming to attract foreign investors to the country, at the Chateau de Versailles, outside Paris, on May 13, 2024. Lucovic Marin | Getty Images JPMorgan Chase is scheduled to report fourth-quarter earnings before the opening bell Wednesday. Here’s what Wall

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Boeing delivered 30 airplanes in December, but gap with Airbus widened in 2024

Business News

Boeing 737 Max planes sit at the airport in Renton, Washington. Leslie Josephs | CNBC Boeing handed over 348 airplanes in 2024, about a third fewer than it did a year earlier as the aerospace giant struggled with a crisis after a midair door panel blowout a year ago and a machinist strike in the

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Eli Lilly shares drop as drugmaker cuts revenue guidance on weight loss drug demand

Business News

The Eli Lilly & Co. logo at the company’s Digital Health Innovation Hub facility in Singapore, on Thursday, Nov. 14, 2024. Ore Huiying | Bloomberg | Getty Images Eli Lilly cut its revenue guidance on Tuesday as it said demand for its weight loss and diabetes drugs would not meet its lofty expectations. The drugmaker’s

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CFPB sues Capital One, alleges it misled consumers on savings rates

Business News

Capital One headquarters in McLean, Virginia on February 20, 2024. Brendan Smialowski | AFP | Getty Images The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out of more than $2 billion in interest. The agency said in a

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JPMorgan Chase exec Daniel Pinto, longtime No. 2 to Jamie Dimon, will step down in June

Business News

Daniel Pinto, president and chief operating officer of JPMorgan Chase, speaks during the Semafor 2024 World Economy Summit in Washington, DC, on April 18, 2024. Saul Loeb | AFP | Getty Images JPMorgan Chase said Tuesday that Chief Operating Officer and President Daniel Pinto will step down from those roles in the coming months, elevating

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Netflix and Comcast among companies donating to LA wildfire relief effort

Business News

Evacuees from the Eaton Fire dwell among heaps of clothes displayed on the ground at a donation center in Santa Anita Park, Arcadia, California, on Jan. 13, 2025. Etienne Laurent | AFP | Getty Images As Los Angeles continues to battle wildfires that have destroyed parts of the city and killed at least 24 people,

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Eli Lilly CEO expects new weight loss pill to be approved next year

Business News

David Ricks, CEO, Eli Lilly Scott Mlyn | CNBC Eli Lilly expects its experimental weight loss pill will get approved as soon as early next year, CEO David Ricks told Bloomberg TV on Monday. The company is set to release key late-stage trial data on the drug, orforglipron, by the middle of this year. Eli

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Bristol Myers Squibb says Alzheimer’s is the biggest market for new schizophrenia drug

Firefly Aerospace kicks off first moon mission after SpaceX launch

Goldman Sachs tops estimates on strong trading results

JPMorgan Chase is set to report fourth-quarter earnings – here’s what the Street expects

Boeing delivered 30 airplanes in December, but gap with Airbus widened in 2024

Eli Lilly shares drop as drugmaker cuts revenue guidance on weight loss drug demand

CFPB sues Capital One, alleges it misled consumers on savings rates

JPMorgan Chase exec Daniel Pinto, longtime No. 2 to Jamie Dimon, will step down in June

Netflix and Comcast among companies donating to LA wildfire relief effort

Eli Lilly CEO expects new weight loss pill to be approved next year

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